Office building in Schleswig-Holstein.
Description
Building with a leasable area of 4,500 m².
Financial performance
The annual income is 370,000 €.
The yield is 6.2%.
Tenants
The property is fully let. The tenant is a health insurance agency.
Transaction costs
Notary (state registration) is 1.5 – 2%.
Acquisition tax is 6.5%.
Brokerage fee is 6% + VAT 19% (total 7.14%).
Location and nearby infrastructure
The property is located in the federal state of Schleswig-Holstein.
Schleswig-Holstein is the northernmost of the 16 states of Germany, comprising most of the historical duchy of Holstein and the southern part of the former Duchy of Schleswig. The state lies on the base of Jutland Peninsula between the North Sea and the Baltic Sea.
